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- What is the maximum interest rate?
- Isn’t floor plan financing available through GMAC?
- What can be financed?
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- Are there some actions that the lender can take unilaterally first and then tell SBA after the fact?
- Are there some servicing actions that must receive prior approval by SBA?
- Does SBA have to approve these payment modifications?
- Can payment modifications be made to loans sold on the Secondary Market?
- What provisions of SBA’s SOP address these payment modifications?
- What types of payment modifications are available in connection with an SBA guaranteed loan?
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The following represents loan data for the quarter started 07/01/2012 and ended 09/30/2012.
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